S&P 500 ~ Elliott Wave Count ~ 21 November 2013

It looks like wave (v) is now underway. This subwave should complete wave (3) which will be followed by a correction (wave (4)).

(link to previous count)

If the SPX declines below 1770, I'll turn bearish since wave (4) should then be unfolding.

I'll post the long-term charts tomorrow morning.

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Author: Patrick Eugster